Silver prices surged above $33.10 per ounce, breaking a three-day losing streak, driven by heightened safe-haven demand amidst geopolitical tensions and economic uncertainties in the US. The market saw a rebound as investors closely monitored efforts to resolve the Russia-Ukraine conflict and escalating conflicts in the Middle East, such as the recent Israeli airstrikes on…

Errawarra Resources, an ASX-listed exploration company, has recently made a significant acquisition by obtaining 70% ownership of the Elizabeth Hill silver project located in Western Australia. This acquisition marks a pivotal moment for Errawarra Resources as it ventures into the high-grade silver sector. The Elizabeth Hill project, which had previously yielded 1.2 million ounces of…

Silver has emerged as a shining star in the commodities market, outperforming gold significantly. While gold captured attention by reaching a record high of $US3000 per ounce, silver quietly surged past its counterpart, marking a 17% increase to reach $US34 per ounce. This surge positions silver as a strong contender for the breakout trade of…

Silver’s Global Demand Wanes as Gold’s Safe-Haven Appeal Surges Amid escalating concerns of an impending economic downturn, the allure of gold as a safe-haven asset intensifies, contrasting sharply with the dwindling global appetite for silver coins. The current economic landscape, fraught with recession fears, has propelled investors towards the perceived stability of gold, leading to…

Silver Prices Surge, Reaching $34.08 Per Ounce, Up 0.65% Silver prices experienced a notable upswing on March 18, as reported by FXStreet data. The current price of silver stands at $34.08 per troy ounce, reflecting a 0.65% increase from the previous day’s price of $33.86. This surge indicates a substantial rise of 17.95% since the…

The surge in silver prices has caught the attention of investors worldwide, with its value skyrocketing in recent times. Often dubbed as the “new gold,” silver has witnessed a remarkable price increase of nearly 60% in dollars since the beginning of 2023. This surge has outpaced major stock indices like America’s S&P 500, marking a…

Silver Mines Ltd. experienced a remarkable 11% surge following the release of news about its ‘highly prospective’ project. The company’s shares, which closed at 8 cents the previous day, soared to 8.9 cents during Thursday’s morning trading session, marking an 11.3% increase. Despite a slight pullback to 8.7 cents later on, the stock still boasted…

Silver prices have experienced a significant surge, closely trailing behind gold’s recent climb above $3,000. Market expert Jeffrey Christian from CPM Group delves into the dynamics propelling the precious metals rally and offers insights into the factors shaping the future trajectory of silver. In addition to analyzing the price movements, Christian sheds light on the…

Silver has emerged as a shining star in the investment landscape, outshining even gold in recent times. The surge in silver prices, driven by a combination of factors, has caught the attention of investors worldwide. Once considered a less glamorous investment choice, silver has now gained a reputation as a safe haven asset and a…

COMEX Silver deliveries have seen a significant surge recently, indicating notable market shifts. This uptick in deliveries has been accompanied by expanding futures spreads, substantial metal transfers, and a noticeable rise in physical demand, all pointing towards a fundamental transformation in the market dynamics. Craig Hemke, in a recent discussion with Andrew Maguire, delved into…